Large technology projects are complex and often require that multiple technologies and components are designed and integrated into a tailored solution. In order to get a head start and be successful in managing a large-scale IT venture, here are five important considerations to put into action when leading a technical project that has a lot at stake for a lot of people. You don’t want to be part of that losing statistic. Some of these mismanaged projects can put the whole organization in jeopardy. Team members are highly specialized and are often spread between different locations and across time zones.Īccording to a McKinsey & Company article, “ Delivering large-scale IT projects on time, on budget, and on value” by Michael Bloch, Sven Blumberg, and Jürgen Laartz, the average large IT projects run 45 percent over budget and 7 percent over time, while delivering 56 percent less value than predicted. IT projects are technically challenging and can easily go on for more than 10 or 12 months. ![]() If you’re embarking on a large technology project, there’s a lot at stake.
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